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CADUCEUS SOFTWARE SYSTEMS, CORP. (CSOC) is the parent corporation of McLovin's Pet, a leading player in the premium pet food and supply sector. The company recently reported a significant increase in revenue due to a partnership with Trader Joe's, expanding sales across 564 outlets in the U.S. With a focus on the global pet care industry, valued at over $235 billion, and a projected CAGR of 5.92%, McLovin's is poised for substantial growth with lucrative distribution agreements and market reach.
In 2023, McLovin's achieved notable milestones, including a $5.5 million revenue projection by year-end, driven by seasonal orders and strategic collaborations. The company's CEO highlighted the success of the partnership with Trader Joe's, emphasizing market expansion and customer satisfaction.
Looking ahead, McLovin's plans to diversify its product line and explore new market segments, leveraging its association with Trader Joe's for future growth. As a subsidiary of Caduceus Software Systems Corp, McLovin's is positioned to capitalize on the burgeoning pet food and pet care market, expected to reach $368.88 billion by 2030.
Caduceus Software Systems Corp. (OTC PINK: CSOC) announced that its subsidiary, McLovin's Pet Food, Inc., is now selling its products on Kroger and Walmart online marketplaces. This marks a significant milestone in reaching major grocery chains, enhancing product visibility to a broad customer base. CEO David Ji expressed enthusiasm about this development and hinted at further agreements with Kroger expected soon. The pet food market is projected to grow from USD 207 billion in 2020 to USD 325 billion by 2028.
Caduceus Software Systems Corp (OTC PINK:CSOC) is set to participate in the SuperZoo 2021 Trade Show from August 17 to 19, 2021, in Las Vegas at the Mandalay Bay Hotel. The company will present its McLovin's Pet Food subsidiary at booth number 1756. CEO Alex Chen emphasizes the trade show as a key opportunity to connect with industry professionals and showcase their products. McLovin's has experienced significant growth, boasting a portfolio of 37 products, with over 90% of these patented. The pet care market is projected to reach USD 325 billion by 2028.
Caduceus Software Systems Corp. (OTC PINK:CSOC) has finalized its acquisition of McLovin's Pet Food as of August 9, 2021. This strategic move positions Caduceus within the lucrative pet food industry projected to reach USD 127.21 billion by 2027. CEO Alex Chen emphasized the commitment to creating shareholder value and the potential for an up listing to Nasdaq. Following the acquisition, McLovin's aims to leverage Caduceus's support to enhance operations and capitalize on growing demand for premium pet products, as evidenced by a 9.7% increase in U.S. pet food sales in 2020.
Caduceus Software Systems Corp (OTC PINK: CSOC) announced the successful completion of a USD 1,620,000 private placement through a convertible promissory note. The note, which is unsecured, has an 8% interest rate and a conversion price of $0.15 per share. This financing aims to enhance the company’s operational capacity as it ventures into the recession-proof Pet Food and Pet Care industry with the acquisition of McLovin's Pet Food, Inc. Additionally, Caduceus has canceled 1.61 billion shares of its common stock and aims to reach 2 billion shares in total cancellations.
Caduceus Software Systems, Corp. (OTC Pink: CSOC) has announced a significant debt restructuring involving the amendment of a USD 1,707,561 Promissory Note, reducing potential share dilution from 1.7 billion shares to 17 million shares. This strategic move is part of their reorganization efforts aimed at protecting shareholder value. In addition, the company has canceled 1,608,000,000 shares this quarter, with a goal of reaching up to 2 billion cancellations. As Caduceus prepares to enter the pet food industry with the acquisition of McLovin's Pet Food, it positions itself in a growing market projected to reach USD 325 billion by 2028.
Caduceus Software Systems Corp. (OTC PINK: CSOC) has achieved OTC Pink Current Status after completing required filings and providing necessary documentation. This status enables the company to finalize its acquisition of McLovin's Pet Food, Inc., a venture into the $207 billion pet food and care market. With expectations to close the acquisition by early July 2021, Caduceus aims to capitalize on a market projected to grow to $325 billion by 2028, indicating a significant opportunity for investors.
Caduceus Software Systems Corp (OTC Pink:CSOC) announced a significant milestone in its financial restructuring by settling $2,470,954 in debt owed to former management and related parties. This debt write-off aims to strengthen the company's balance sheet, eliminating potential dilution for shareholders. The company is also progressing with its acquisition of McLovin's Pet Food, Inc., entering the recession-proof pet food and care market, projected to grow from $207 billion in 2020 to $325 billion by 2028.
Caduceus Software Systems Corp (OTC Pink: CSOC) is entering the recession-proof Pet Food and Pet Care industry through its pending acquisition of McLovin's Pet Food, Inc.. The company announced it will host a Live Discord Q&A session for investors on June 6, 2021, from 6:00 to 7:00 PM EST. This follows its introduction by Apollo Assets on May 27, 2021. The pet food market was valued at USD 207 billion in 2020 and is projected to grow to USD 325 billion by 2028.
Caduceus Software Systems Corp. (OTC Pink: CSOC) is entering the recession-proof pet food industry through the acquisition of McLovin's Pet Food, Inc.. A significant development is the exclusive distribution agreement between McLovin’s and Phillips Pet Food & Supplies, a leader in the industry. This partnership will enhance McLovin’s market presence, allowing its products to reach thousands of stores nationwide. The pet food market is projected to grow from USD 207 billion in 2020 to USD 325 billion by 2028, showcasing a strong growth potential.
Caduceus Software Systems Corp (CSOC) announced plans to buy back and cancel up to 2 billion shares of its common stock, reducing the total from approximately 2.34 billion to about 339.6 million shares, which is an 85.5% decrease. This move follows a debt settlement of $3,039,880 aimed at strengthening the company's financial position. The buyback is intended to enhance shareholder value and facilitate the company's goal of uplisting to NASDAQ, while also supporting its acquisition of McLovin's Pet Food, a company in the growing pet food market.
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